Çiftlik Bank
Fugitive partner of Ponzi scheme brought back to Turkey
Fatih Aydın, one of the founders of Çiftlik Bank (Farm Bank), an alleged Ponzi scheme that collected over 1.1 billion Turkish Liras (around $110 million) from more than 132,000 people, has been extradited to Turkey from Uruguay.
Ponzi scheme founder arrested
A court in Istanbul has ordered the arrest of Mehmet Aydın, the founder of the online Çiftlik Bank (Farm Bank) Ponzi scheme.
Aydın, 29, surrendered to the Turkish Consulate in Sao Paulo, Brazil and was arrested at the Istanbul Airport as soon as he landed on July 3.
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Turkish court remands alleged Ponzi scheme creator
A Turkish court on July 7 remanded in custody the alleged creator of an online Ponzi scheme game who was brought back to Turkey last weekend.
Mehmet Aydın, 29, had surrendered to the Turkish Consulate in Sao Paulo, Brazil and was arrested at the Istanbul Airport as soon as he landed on July 3.
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Mastermind of Ponzi scheme game sent to court for arrest
Mehmet Aydın, the mastermind of the Çiftlik Bank (Farm Bank) Ponzi scheme game, was sent to court on July 7 for his arrest after his testimony was taken by Istanbul police.
Founder of Çiftlik Bank extradited to Turkey
Mehmet Aydın, the mastermind of the Çiftlik Bank (Farm Bank) Ponzi scheme, who has been on the run for three years, was extradited to Turkey late on July 3.
Aydın, who surrendered to the Turkish Consulate in Sao Paulo, was arrested at the Istanbul Airport in an ongoing investigation by Istanbul prosecutors after a Turkish Airlines plane arrived at 10.10 p.m.
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Founder of Çiftlik Bank turns himself in
Mehmet Aydın, the mastermind of the Çiftlik Bank (Farm Bank) Ponzi scheme, who has been on the run for three years, has turned himself in to authorities at the Consulate General of Turkey in Sao Paolo, Brazil.
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Red notice issued for six people in Çiftlik Bank investigation: Prosecutor's office
Turkish authorities have issued a red notice for a total of six people regarding an investigation into "Çiftlik Bank," an online-game-inspired Ponzi scheme, state-run Anadolu Agency reported on April 19, basing its report on a written statement issued by the Istanbul Anatolia Chief Public Prosecutor's Office.
Four more people arrested in Çiftlik Bank Ponzi scheme investigation
Four suspects were arrested on March 19 in an investigation launched by the chief public prosecutor's office of the Geyve district of the northwestern province of Sakarya into Çiftlik Bank, which engaged in Ponzi scheme-type practices.
Turkey preparing to request extradition of Çiftlik Bank Ponzi scheme mastermind from Uruguay
Turkey is preparing to request the extradition of Mehmet Aydın, the 26-year-old creator of Çiftlik Bank, a computer-games-inspired Ponzi scheme, from Urugay, Turkish Justice Minister Abdülhamit Gül announced on March 17.